Kirkcaldy YMCA
Latest income
£645k
Latest spending
£725k
Accounts read
FY2026
Form
Company (the charity is registered with Companies House)
Financial health, per FY2026 accounts
The accounts state that the charity recorded a net deficit of £56,492 for the year, driven by unfunded inflationary cost pressures despite a significant increase in external funding. Per the trustees' report, unrestricted reserves of £867,046 are maintained to mitigate economic risks and cover pension liabilities, with a designated Business Continuity Fund set to cover nine months of operating costs.
What the accounts disclose
Going concern: doubt noted
“The Board of Management has a reasonable expectation that there are adequate resources to continue in operational existence for the foreseeable future subject to the stability and generation of funding.”
Per FY2026 accounts as filed with OSCR.
Related-party transaction: Fife Council provides elected member representation and a link officer as co-opted non-voting members of the Board.
“Fife Council provide elected member representation and a link officer as co-opted nonvoting members of the Board.” — page 7
Per FY2026 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2026 accounts as filed with OSCR.
Reserves policy: 9 months' operating costs (held: £867k)
“The Board has established a designated Business Continuity Fund and set at a level to provide for at least 9 months' operating costs”
Per FY2026 accounts as filed with OSCR.
Defined-benefit pension deficit: £13k
“The charity has a contractual obligation to make pension deficit payments of £12,649 per annum over the period to April 2027, accordingly this is shown as a liability in notes 23 and 24 to these accounts.” — page 29
Per FY2026 accounts as filed with OSCR.
Independent examiner: PB Audit Limited
Per FY2026 accounts as filed with OSCR.